Identiv (NASDAQ:INVE) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Identiv missed estimated earnings by 150.0%, reporting an EPS of $-0.01 versus an estimate of $0.02.
Revenue was up $850 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 14.58% increase in the share price the next day.
Here’s a look at Identiv’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.06 | -0.01 | 0.05 |
| EPS Actual | -0.06 | -0.13 | 0 | 0.01 |
| Revenue Estimate | 29.70M | 25.64M | 27.87M | 35.74M |
| Revenue Actual | 29.55M | 26.00M | 29.00M | 31.00M |
To track all earnings releases for Identiv visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
